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Date: 08/03/2017
RBI extends Directions issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi

The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) and (2) of Section 35A of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), hereby directs that the Directives dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi which was last extended upto 08.03.2017 shall continue to apply to the bank for a further period of six months i.e up to 08.09.2017 subject to review.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/2390

 
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